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massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left? >> first off, you're kind of misquoting what he said. number one, he said it's not a $5 trillion dr. >> 4.8. >> but it is. i don't care what he says, he's lying. it is $5 trillion. >> bob, let me make mire point. >> don't repeat his lie without any evidence. >> i'm not repeating it. the fact you call it a lie, you take that up with him. >> no, he's the one who's lying. >> let me make the point. how does it not -- >> the fact of the matter is he's identified that what he's going to do is limply fill the tax code in a number of
massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left?...
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refineries in taxes. addressing supporters in ohio, he said if elected, romney would approve the pipeline on his first day in office and land president obama for standing in the way of jobs the project would bring. -- and blamed president obama for standing in the way of jobs the project would bring. obama's delayed a final decision on the pipeline until after the november election. but transcanada is already clearing the way for its southern leg in taxes. for more than two weeks they've held a tree sit to block its path near winnsboro, texas. on thursday, actress daryl hannah and a 78-year-old east texas farmer were arrested by protesting the clearance her land seized by eminent domain. this is eleanor fairchild speaking as she stared down one of the transcanada possible closers. >> i am mad. this land is my land. it has been our land since 1983. our home is on it. they are going to destroy the woods and also they could destroy the springs. it is just devastating. it also is not very good that the tar sa
refineries in taxes. addressing supporters in ohio, he said if elected, romney would approve the pipeline on his first day in office and land president obama for standing in the way of jobs the project would bring. -- and blamed president obama for standing in the way of jobs the project would bring. obama's delayed a final decision on the pipeline until after the november election. but transcanada is already clearing the way for its southern leg in taxes. for more than two weeks they've held a...
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check this out. >> by kiting taxes, with the big tax cut? >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. >> yeah take off that microphone. good luck trying that with joe biden on thursday. >>> plus big bird is still flying high and there are signs now that the great yellow friend is getting under mitt romney's skin. >>> and the inside story of the family intervention inside the romney campaign. it's a real shocker, and it really happened. you're watches "politics nation" on msnbc. [ male announcer ] how do you make america's favorite recipes? just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. [ ryan ] it doesn't get any better than endless shrimp at red lobster. you can mix and match all day! [ male announcer ] don't miss red lobster's endless shrimp just $14.99! try as much as you like any way you like! like parmesan crusted shrimp. hurry in, off
check this out. >> by kiting taxes, with the big tax cut? >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. >> yeah take off that microphone. good luck trying that with joe biden on thursday. >>> plus big bird is still flying high and there are signs now that the great yellow friend is getting under mitt romney's skin. >>> and the inside story of the family intervention inside the romney campaign. it's a real...
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. >> president has idea he wants to raise the tax rate from 3% to 40%. that won't be good for forms. my own view is i want to take the tax rate down. >> following iowa, romney flew to ohio, critical battleground to his victory strategy, where the voter registration ends today. romney is expected to return at least four times in just the next week. romney aides are touting their ground game and grassroots enthusiasm. in florida, 43.5% of absentee ballot requests came from republicans. 39% for democrats. among those returned so far, 45% are g.o.p. only 38% are democrats. in colorado, republicans requested 656,000 absentee ballots of saturday to 627 for democrats. inness, absentee ballot request favor g.o.p. by 44% to 39%. in north carolina, 52% of all ballot requests of g.o.p. to only dop for democrats and 21 for independents. running mate paul ryan and joe biden off the trail getting ready for the big debate. kid rock leapt "born free" to romney for the rally theme headlined last night in michigan and considering a vice presidential debate keg party. >> i
. >> president has idea he wants to raise the tax rate from 3% to 40%. that won't be good for forms. my own view is i want to take the tax rate down. >> following iowa, romney flew to ohio, critical battleground to his victory strategy, where the voter registration ends today. romney is expected to return at least four times in just the next week. romney aides are touting their ground game and grassroots enthusiasm. in florida, 43.5% of absentee ballot requests came from...
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all the tax cuts that go away. spending cut cuts that take effect. it's happening behind the scenes. i want to take a gauge of these guys in their nest to see what they're doing. what they're doing no, offense, is for the birds. all the analogies. see you tonight. >> eric: hello. i'm eric bolling with andrea tantaros, bob beckel, dana perino, brian kilmeade. it's 5:00 in new york city. this is "the five." ♪ ♪ laura logan is highly respected journalist who risked her life reporting on terrorism, recalls a days ago we showed you this gutsy interview with taliban commander in afghanistan. >> these are taliban attacks. this is part of our new military strategy. we have our people in afghan police and the army. >> what skills do the al-qaeda fighters bring? >> they are masters at everything. for example, making i.e.d.s. something we don't know how to do. but they are teaching us. they're master engineers and good with all weapons. >> news that the cbs news chief correspondent is calling out the obama administration for lying to american people. it's b
all the tax cuts that go away. spending cut cuts that take effect. it's happening behind the scenes. i want to take a gauge of these guys in their nest to see what they're doing. what they're doing no, offense, is for the birds. all the analogies. see you tonight. >> eric: hello. i'm eric bolling with andrea tantaros, bob beckel, dana perino, brian kilmeade. it's 5:00 in new york city. this is "the five." ♪ ♪ laura logan is highly respected journalist who risked her life...
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there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, ronl is at 47%. i think the president, the fundamental structure of the race hasn't been changed, but if he doesn't go on the attack, if biden doesn't do a good job against ryan, and if the president doesn't show up and isn't strong in the second debate, then you're going to have a tossup race. >> well, i would disagree with your approach, first of all. i don't approach that way. that's going back and relate gating all the old arguments. in spirit what i would do unlike shrumy, i would take the big issue that is separate the candidates, don't get into the little trench warfare about what's your tax plan and where were you on medicare two weeks ago. i would say whe
there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, ronl is at 47%. i think the president, the fundamental structure of...
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can he please tell us where he is going to get his tax deduction? have no answer. >> andrea: romney is trying to make a serious point, and use humor. obama is acting like a fifth grader. first, he's a bully. meanie, now he doesn't like puppets. liar, liar, pants on fire, you don't like my puppet. you're not a serious president. he lacks maturity. >> brian: he is going to sit down with democrats about republicans and work it out. is that a conference call in the morning? i watched the debate. >> dana: we don't have a conference call. maybe we'd be more organized and have the same line. coming up, we have a preview of the v.p. showdown coming up thursday. later, stacy dash, the african-american actress in the movie "clueless" supports mitt romney. now she is a victim of racially charged attack. brian has that story when we come right back. ♪ ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remissio
can he please tell us where he is going to get his tax deduction? have no answer. >> andrea: romney is trying to make a serious point, and use humor. obama is acting like a fifth grader. first, he's a bully. meanie, now he doesn't like puppets. liar, liar, pants on fire, you don't like my puppet. you're not a serious president. he lacks maturity. >> brian: he is going to sit down with democrats about republicans and work it out. is that a conference call in the morning? i watched...
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we were able to continue to cut our taxes, consumer sales tax on food as well as cut business taxes. we have been able to work with the legislature in a bipartisan manner to address many of the main concerns. with bipartisan support, we were able to pass the first shale drilling regulatory bill. we were able to pass: safety bills. we were able to address problems with substance abuse and west virginia. we took on our last big liability. it was $10 million. we have come a long way, but we have a long way to go. we have people out there suffering, still looking for jobs. we will need to continue to do what we can to help those. we will continue to improve our education system to make sure our children have world-class education. we need to continue to look at our infrastructure at all levels, broadband, highways, water could continue to make west virginia business families so we can attract jobs. i want to say to the voters, i will always. west virginia first. >> thank you, governor. mr. maloney? >> i am tired of hearing the same old excuses. it could have been a lot better. every time
we were able to continue to cut our taxes, consumer sales tax on food as well as cut business taxes. we have been able to work with the legislature in a bipartisan manner to address many of the main concerns. with bipartisan support, we were able to pass the first shale drilling regulatory bill. we were able to pass: safety bills. we were able to address problems with substance abuse and west virginia. we took on our last big liability. it was $10 million. we have come a long way, but we have a...
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tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is lower than the national average, which already is coming down -- >> in a place where the president's plan to save the auto industry actually protected many jobs. >> so in the face of all the evidence around them, and you can argue about economic statistics as much as you like, but people know their own economy and their own lives. he's trying to put against that by saying there are joshs in the ground we will dig up presumagely by pulling away from environmental regulations. he's talking really about fracking. that's his
tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is...
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>>guest: and paying her vast salary which she pays no tax. the great battle happening in america, happening in europe, the battle of bureaucracy versus democracy. i want to get democracy back. people like these two in the i.m.f. should not be calling the shots. >>neil: do you get a sense, though, that all the world has an inflection point, more government, less government, and that if the united states, the election of ours in four weeks. >>guest: you can vote for a cabinet that goes to washington and fundamentally changes the tax structure, bureaucracy, the legislation in this country. what is happening in europe is nation-state democracy which has been subverted totally and given to people like the european president and it doesn't matter how we vote in a british general election because all we are doing is putting into ten downing street a manager. >>neil: some the characters, and you are an exception, they always blame us. listen to this, i know you have strong views on this, and some of you may be familiar. >> this crisis was not origina
>>guest: and paying her vast salary which she pays no tax. the great battle happening in america, happening in europe, the battle of bureaucracy versus democracy. i want to get democracy back. people like these two in the i.m.f. should not be calling the shots. >>neil: do you get a sense, though, that all the world has an inflection point, more government, less government, and that if the united states, the election of ours in four weeks. >>guest: you can vote for a cabinet...
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what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut. pay no attention to that tax cut under the carpet behind the curtain. when he's asked how he'll cut the deficit, he says he can make the math work by eliminating local public funding for pbs. now, by the way, this is not new. this is what he's been saying every time he's asked the question. well, we can cut out pbs. so for all you moms and kids out there, don't worry. somebody's finally getting tough on big bird. you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll back regulations on wall street banks or on insurance companies. we can't afford to
what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut. pay no attention to that tax cut under the carpet behind the curtain. when he's asked how he'll cut the deficit, he says he can make the math work by eliminating local public funding for pbs. now, by the way, this is not new. this is what he's been saying every time he's asked the question. well, we can cut out pbs. so for all you moms and kids out there, don't worry. somebody's finally getting tough on big bird. you...
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>>reporter: the big one is the estate tax. governor romney says he would repeal the estate tax if he becomes president. president obama would allow it to rise. the other big one is regulation. remember all of the hand wringing over the rumors the epa wanted to regulate farm dust? the labor department is looking at a rule to limit the amount of work that children under the age of 18 can do on farms. governor romney promised in his administration it would be different. >> you have to have regulation. you need regulation for markets to work effectively. i am going to cut back on regulation and put a cap on regulation. any new major regulation will have to be approved by congress. i'm not letting the politician off the hook. >>reporter: governor romney has been telling personal stories on the trail. today he told a new one of a former navy seal he met at a christmas party this san diego. early this year he learned he was one of two former navy seals killed at the american consulate in benghazi. >>shepard: thank you, john roberts.
>>reporter: the big one is the estate tax. governor romney says he would repeal the estate tax if he becomes president. president obama would allow it to rise. the other big one is regulation. remember all of the hand wringing over the rumors the epa wanted to regulate farm dust? the labor department is looking at a rule to limit the amount of work that children under the age of 18 can do on farms. governor romney promised in his administration it would be different. >> you have to...
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let me play that. >> lowering tax rates by broadening the tax base works. >> you haven't given me the math. >> i don't have the -- it would take me too long to go through all of the math. >> i don't want to read into personality, but you can see a common theme when pressed or made uncomfortable. might we see that in two days? >> look, you know, ryan has actually been a liability to the ticket so far. he hasn't comported himself very well in this campaign at all yet. the polls immediately after he was named showed he wasn't a popular choice. his convention speech was pretty rah, rah to the people the in the hall the night it was given. the next day the fact checkers started in on it sliced it to ribbons. he's been a drag on this ticket, but i wouldn't underestimate him as a deet baiter. most people consider him the favorite into the debate. there's no question as governor rendell said that he is going to play with the truth. let's put it that way. he's going to stretch the truth, and biden will challenge him very directly on the ryan budget. i think biden should also with reference to
let me play that. >> lowering tax rates by broadening the tax base works. >> you haven't given me the math. >> i don't have the -- it would take me too long to go through all of the math. >> i don't want to read into personality, but you can see a common theme when pressed or made uncomfortable. might we see that in two days? >> look, you know, ryan has actually been a liability to the ticket so far. he hasn't comported himself very well in this campaign at all...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... w could we ever trust him here? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all i
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... w could we ever trust him here? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your...
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what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're
what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit...
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according to the tax policy center, last year, the bush tax cut increased after-tax incomes for people making over $1 million by an average of 6.2%. that is about 120 to die now -- about $129,000 per household. the increase was only 2.2% for those earning $50,000. over time, our tax code has widened the nation's wealth gap. reversing this trend should be a top goal of tax reform. at a minimum, we certainly should not make the tax code and a less progressive than it would be if the high income tax cuts expired. in 1986 -- a 1986-style approach that promises up from rate cuts to the wealthy is almost guaranteed to give middle-income earners the short end of the stick. the reason is, in order to raise enough money to reduce rates and cut the deficit, you would need to slash deductions and credits on a far greater scale than we did in 1986. middle income earners would not be scared. -- spared. because middle-income earners rely on these expenditures, the cost of losing that likely exit the benefit they would receive from a lower rate. multiple experts have verified this. the joint economic
according to the tax policy center, last year, the bush tax cut increased after-tax incomes for people making over $1 million by an average of 6.2%. that is about 120 to die now -- about $129,000 per household. the increase was only 2.2% for those earning $50,000. over time, our tax code has widened the nation's wealth gap. reversing this trend should be a top goal of tax reform. at a minimum, we certainly should not make the tax code and a less progressive than it would be if the high income...
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what $5 trillion tax cut? what was being presented wasn't leadership. that's salesmanship. >> when the storm clouds clear, which romney will voters remember? the bone dry severe conservative or the misty massachusetts moderate? the paradox of the mittens, a multi volume extravaganza continues. john heilemann, what do we make, what do you specifically make, of this politico inside dope that says ann and tagg romney have been instrumental in this recalibrated mitt romney? >> i never want to take exception that anybody mike allen and jim vandehei write but maybe there's a straining to find a more biz zanty explanation than is necessarily the case. to question that ann romney was unhawpe with what was happening to her husband as any reasonable wife would be, given the way he was being portrayed and allowing people to portray himself. there's, you know, losing campaign, which the romney campaign was until the debate in denver, there's always a lot of second guessing and it started early in this campaign. she clearly has made her feelings known in a very dire
what $5 trillion tax cut? what was being presented wasn't leadership. that's salesmanship. >> when the storm clouds clear, which romney will voters remember? the bone dry severe conservative or the misty massachusetts moderate? the paradox of the mittens, a multi volume extravaganza continues. john heilemann, what do we make, what do you specifically make, of this politico inside dope that says ann and tagg romney have been instrumental in this recalibrated mitt romney? >> i never...
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lucky enough to have them, my view is if you're making $200,000 a year and less, you should pay no tax whatsoever on interest, dividends or capital gains. -- in this country associated with agricultural exports. over the last four years, the president has signed no new trade agreements with any nation around the world. even as china and european nations have put together some 44 different agreements, he's done none. what i'm going to do is make sure that i devote my time to getting trade promotion authority, that i use that authority to negotiate new deals so we open up new markets for american farms an american goods because we can compete on a level playing field with anyone in the world. now there are differences on regulations by the way. and you know this. the regulatory burden under this administration has gone crazy. the president's regulations as it relates to farming are kind of interesting. one is the epa tried to get into -- well, the government tried to get into regulating rainwater in ditches on farms. it used to be that there was rainwater in iowa and people cared about t
lucky enough to have them, my view is if you're making $200,000 a year and less, you should pay no tax whatsoever on interest, dividends or capital gains. -- in this country associated with agricultural exports. over the last four years, the president has signed no new trade agreements with any nation around the world. even as china and european nations have put together some 44 different agreements, he's done none. what i'm going to do is make sure that i devote my time to getting trade...
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the government can deny you tax-exempt status. even though it does involve your religious beliefs because there are some rules for the civil society and secular society and we are found on the principle that we get to have a organized non-chaotic government even if it does infringe on the religious belief as long as we are not targetting a religion a lot of what is going on with this birth control argument that the churches are wanting from the government have constitutional implications and with that i'm going to turn over to charlie who knows about that much more than i do. [applause] i don't know a darn thing about law. [applause] i and addressing this issue of women's economic rights to the right of contraceptive health care coverage in the light of the demands of religious liberty. so, some of the things we've talked about. in my judgment it's been understood in this country has been pointed out it's important but it can conflict with other rights. so therefore i also distinguish between religious liberty and the very strict
the government can deny you tax-exempt status. even though it does involve your religious beliefs because there are some rules for the civil society and secular society and we are found on the principle that we get to have a organized non-chaotic government even if it does infringe on the religious belief as long as we are not targetting a religion a lot of what is going on with this birth control argument that the churches are wanting from the government have constitutional implications and...
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the tax increases and so forth. conditions in europe are not improving because tear not dealing with the fundamental -- they're not dealing with the fundamental structural problems, the fact that the southern countrie had to borrow to finance importing, germany will have to have a trade deficit, or there's no going home again. in china they cannot grow forever on the basis of exporting to the americans and not buying from the americans, because then they smother their customers. these imbalances haven't been fixed so, yes, the danger is real, and it's grave. jenna: charlie, let's talk about the ways to fix i. peter was mentioning the different types of economies at play in europe, but one of the things mentioned overall a couple years ago everyone was saying you've got to fix their debt and deficit, so people cut spending, and that became part of the problem because it slowed down the economy. >> well -- jenna: there's a little bit of you're darned if you do, you're darned if you don't. >> the imf is not a great exa
the tax increases and so forth. conditions in europe are not improving because tear not dealing with the fundamental -- they're not dealing with the fundamental structural problems, the fact that the southern countrie had to borrow to finance importing, germany will have to have a trade deficit, or there's no going home again. in china they cannot grow forever on the basis of exporting to the americans and not buying from the americans, because then they smother their customers. these...
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for a tax cut. connell: peter barnes has all his marbles in d.c. today. thanks. dagen: not really. we love you. they're not quite all there. connell: that's not right. you should be the one to talk. dagen: that's why i said that. peter, we do love you. it says connell read. connell: i love that name, two ns and two ls. the protesters are out in greece today over all the cutbacks in the government. they don't like merkel and everything else. we will bring you the latest from greece. dagen: back here at home, the keystone pipeline is back in the national spotlight thanks to the romney campaign. cheaper fuel, more jobs, are all in place here. take a look at today's winners on the s&p 500: dagen: cheaper energy and more jobs, the romney ryan camp putting the keystone pipeline back in the national spotlight. we track all of our money that is going to the solar panel industry in china. and that ominous dark cloud hanging overhead, not connell, was expected to be a lousy season for quarterly earnings. some
for a tax cut. connell: peter barnes has all his marbles in d.c. today. thanks. dagen: not really. we love you. they're not quite all there. connell: that's not right. you should be the one to talk. dagen: that's why i said that. peter, we do love you. it says connell read. connell: i love that name, two ns and two ls. the protesters are out in greece today over all the cutbacks in the government. they don't like merkel and everything else. we will bring you the latest from greece. dagen: back...
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so, i can give you gain without pain, and he wants you to have pain today for someone else's tax gains. it's a hard case to make now. >> all right, so your book, though, examines the winners, the losers of the last 60 years of presidential campaigns. at this point in time, what are your predictions for what we see coming up next month? >> well, i see now -- romney did more than i thought he could in the first debate. his big job was to get people to say maybe there's more to him than i thought, and he immediately brought back the uncomfortable republicans, but he also opened everybody else's eyes. and it wasn't just the untruths he may have told. he also said some truths that are very powerful, and one of them was i can work with democrats and i've proved that in massachusetts and you can't work with republicans. now, there's a reason, there's a difference between flexible democrats and rigid republicans, but he has to find a way to make the case that he can keep and get more done than mitt romney, and that mitt romney is really the original release or release two, not the new mitt rom
so, i can give you gain without pain, and he wants you to have pain today for someone else's tax gains. it's a hard case to make now. >> all right, so your book, though, examines the winners, the losers of the last 60 years of presidential campaigns. at this point in time, what are your predictions for what we see coming up next month? >> well, i see now -- romney did more than i thought he could in the first debate. his big job was to get people to say maybe there's more to him...
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>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you grow the economy, you take every last dime out of the economy. you let that money stay in and circulate and grow and create the jobs necessary and build that more secure future. you cannot continue to tax your way into prosperity. you can't spend your way into prosperity. small business is the solution if you get the government off the backs. you can't in fact, have more people hired, keep those that already have jobs and expand our economy. you don't do it by raising taxes during a recession. >> well, the fact is if you want to talk about job cre
>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you...
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he talked about not taxing the wealthy. now he says he will tax the wealthy. he talks about energy independence now but didn't support the president on his programs to create alternative forms of energy for our country, which this president did. he talks about tax changes to help business development. who did that? president obama, with 100% tax credit in manufacturing, for example, which has just sizzled across the industrial midwest with the business start-ups that we see. even art furnaces being installed on the ohio republic steel. we haven't seen this in two decades. so, he can talk as a candidate, but the president has done it in a very difficult situation that he inherited from the bush administration, where the whole country's economy collapsed because of those titans up on wall street that tied up the finances of this country, and literally, we've had the largest transfer of wealth in american history from main street to wall street. you think that mitt romney, who was a part of that culture, is going to change anything for the people of this country?
he talked about not taxing the wealthy. now he says he will tax the wealthy. he talks about energy independence now but didn't support the president on his programs to create alternative forms of energy for our country, which this president did. he talks about tax changes to help business development. who did that? president obama, with 100% tax credit in manufacturing, for example, which has just sizzled across the industrial midwest with the business start-ups that we see. even art furnaces...
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>> and do that by cutting taxes? with a big tax cut? >> those are yours, not mine. >> thank you very much, sir. >> yeah. that was kind of strange. >> reporter: the obama campaign, seeks to mock mitt romney's commitment to eliminate public television. the ad says, quote, mitt romney taking on our enemies, no matter where they nest. george? >> we've not seen the end of that. jake, thank you very much. the v.p. candidates joe biden and paul ryan go at it this thursday, at 9:00 eastern, 6:00 pacific. >>> let's go to josh and the other top stories. >> good morning, all of you. we're going to begin with new information on the growing meningitis outbreak. this morning, the cdc now confirms eight deaths out of 105 cases, those cases spread across the nine states that you see highlighted here all linked to contaminated steroid shots. as many as 13,000 people may be at-risk. the shots came from a massachusetts pharmacy that mixes medications. now a growing push to subject those pharmacies to fda scrutiny. >>> and new concerns this morning as the
>> and do that by cutting taxes? with a big tax cut? >> those are yours, not mine. >> thank you very much, sir. >> yeah. that was kind of strange. >> reporter: the obama campaign, seeks to mock mitt romney's commitment to eliminate public television. the ad says, quote, mitt romney taking on our enemies, no matter where they nest. george? >> we've not seen the end of that. jake, thank you very much. the v.p. candidates joe biden and paul ryan go at it this...
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. >> the centerpiece of mitt romney's plan is a $5 trillion tax cut skewed toward the wealthy. he's been pitching this plan for almost two years now. >> boo! >> no, no. don't boo. vote! >> reporter: there were protesters as well. people protesting the crackdown on medical marijuana. there were anti-war protesters an romney supporters as well were gathered -- and romney support as well were gathered. you are looking at some highway patrol officers who just arrived here about five minutes ago. it looks like they are preparing possibly for the presidential motorcade that will probably happen here sometime in the next couple of hours. the streets are closed to vehicle traffic. you can see pedestrians are getting through here just fine. we've seen some intercontinental employees actually having to go to the police and show them their work i.d.s just so they can get through. it is pretty high security. now the, the president will -- now, the president will leave here and head to ohio where he will address the crowd at ohio university later today. allie rasmus, ktvu channel 2 news. >>
. >> the centerpiece of mitt romney's plan is a $5 trillion tax cut skewed toward the wealthy. he's been pitching this plan for almost two years now. >> boo! >> no, no. don't boo. vote! >> reporter: there were protesters as well. people protesting the crackdown on medical marijuana. there were anti-war protesters an romney supporters as well were gathered -- and romney support as well were gathered. you are looking at some highway patrol officers who just arrived here...
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with a big tax cut? >> those are your words, not mine, thank you very much sir. >> that was kind of strange. >> the campaign that was michael steele the press secretary was putting a white paper in front of the camera. the reporter knew he was already well over the allotted time to the interview when he decided to ask a weird question. ryan spongded as anyone would in such a situation, when you do nearly 12 hung interviews in a couple of months, eventually you're going to see a local reporter embarrass himself. >>> romney will take questions on thursday night at the winter green resort in virginia where he even did debate prep on an indoor tennis court we're told. he's in florida for more debate prep. >> joe biden is one of the best debaters we have seen in modern politics, he's been doing this 40 years, he ran for president twice and for vice president. this is my first time on a substantial stage. >> ryan is reviewing biden's 2004 debate with sarah palin. on monday ryan attacked what he says is the dem
with a big tax cut? >> those are your words, not mine, thank you very much sir. >> that was kind of strange. >> the campaign that was michael steele the press secretary was putting a white paper in front of the camera. the reporter knew he was already well over the allotted time to the interview when he decided to ask a weird question. ryan spongded as anyone would in such a situation, when you do nearly 12 hung interviews in a couple of months, eventually you're going to see...
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he is an interesting position on tax and oh by the way he is lying his ass off. we have factored that in now. >> stephanie: yesterday's speech on foreign policy won't that have some effect over time as well? >> well -- i think -- i think that's -- if you want to look for a silver lining in both of the polls, it is that they are a snapshot taken right in the heart of what should have been a bounce. so we'll see what happens in the middle of next week. i was resistant to the notion, but i'm over it to now that that debate performance was a serious, serious blunder. >> stephanie: you write this week it has been pointed out that romney has become quite a remarkable liar. he lies by commission of course. and lies by admission namely in his resolution determination not to be specific about what deductions he is planning to end. >> they are particularly good at office [ inaudible ] mathematics. i'm particularly good at english. [ laughter ] >> stephanie: exactly. >> and that's hard by the way. it's very hard to throw poo efficiently. but he threw it -- we get to talk li
he is an interesting position on tax and oh by the way he is lying his ass off. we have factored that in now. >> stephanie: yesterday's speech on foreign policy won't that have some effect over time as well? >> well -- i think -- i think that's -- if you want to look for a silver lining in both of the polls, it is that they are a snapshot taken right in the heart of what should have been a bounce. so we'll see what happens in the middle of next week. i was resistant to the notion,...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> 45 minutes past the hour. one way to grab the undivide attention of undecided voters is to pull a stunt. a public relations stunt more about promoting and selling products than promoting a specific candidate. alison kosik is at the new york stock exchange. pizza hut is involved, free pizza for life. >> isn't that what you've always wanted, a free pizza party for the rest of your life? >> yes! >> you could also choose -- this is an even better option. the $15,000 in cash. if you don't want the pizza. if you want to win one of these things, you have to go rogue. pizza hut wants you to ask mitt romney or president obama, do you like sausage or pepperoni on your peeizza? at the next presidential debate october 16th, a townhall style debate. this could be kind of tough. the questions are typically prescreened
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> 45 minutes past the hour. one way to grab the undivide attention of undecided voters is to pull a stunt. a public relations stunt more about promoting and selling products than promoting a specific...
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do we raise taxes? if we lower taxes do we get more revenue? what about cutting the size of government? it's just too big. in any downturn all of the businesses in this country cut staff, cut expenses. the government hasn't done the. they have just increased their expenses. >> jay? >> i think you have to look at the spending side of the ledger. in fact, the president said in the debate we need to look at medicaid because as he said it's the biggest driver of debt right now in our country. so there has to be, there has to be a focus and if entitlements are going to have to have a serious look. reform is going to be necessary in order to change the way we are spending money, if we want to continue to ensure that those who need to benefit do benefit in the future. but everything can be examined. every business in this country, every single day examines what they are spending money on, how they're spending the money, making sure that their processes in manufacturing are lean, mean that there is no waste. government can do the same. i know that stat
do we raise taxes? if we lower taxes do we get more revenue? what about cutting the size of government? it's just too big. in any downturn all of the businesses in this country cut staff, cut expenses. the government hasn't done the. they have just increased their expenses. >> jay? >> i think you have to look at the spending side of the ledger. in fact, the president said in the debate we need to look at medicaid because as he said it's the biggest driver of debt right now in our...
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follow the reporter pushes him on tax cuts. you can do all by cutting taxes with a big tax cut? >> ryan respond, those are your words, not mine. off-camara ryan's press secretary was heard, thank you very much, sir. that's when paul ryan begins removing his mic and leaving, adding quote, that was trying to strange you're stuffing words in people's minds. >> i don't know if it is strange. >> ryan fires backs sound like you're trying to put answers to questions. that's where it ended. the local michigan station pulled that part of the interview off the website. they said the time was up and everyone making big deal out of nothing. congressman ryan's team statement they issued. reporter was well over allotted time interview when he started to ask a weird question related to gun violence with tax cuts. ryan responded anyone would with a strange situation, when you do 200 interviews in couple months eventually you will see a local reporter embarass himself. that from the ryan campaign. that is the back and forth. hope you're able to follow all that. be sure to follow us on thursday n
follow the reporter pushes him on tax cuts. you can do all by cutting taxes with a big tax cut? >> ryan respond, those are your words, not mine. off-camara ryan's press secretary was heard, thank you very much, sir. that's when paul ryan begins removing his mic and leaving, adding quote, that was trying to strange you're stuffing words in people's minds. >> i don't know if it is strange. >> ryan fires backs sound like you're trying to put answers to questions. that's where it...